How many business entities do you actually need as an entrepreneur? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down the real strategy behind structuring multiple businesses, protecting assets, and scaling the right way.

They walk through the key reasons you may need separate entities, including liability protection, partnerships, exit strategies, regulatory requirements, and branding. Through real-world examples — including costly mistakes entrepreneurs make when entities aren’t properly separated — you’ll learn how to avoid exposure, structure subsidiaries correctly, and build a business framework that supports growth and long-term success.

If you're running multiple income streams or planning to expand, this episode will help you think like a seasoned business owner. Be sure to like, subscribe, and share, and check out more content to keep building your business smarter and safer!

You’ll learn:

How to determine if you need multiple business entities or just one
The biggest liability mistakes entrepreneurs make when combining businesses
Why an S Corp foundation is critical for tax savings and structure
When to create a separate LLC for partnerships and joint ventures
How to properly structure subsidiaries to actually protect your assets
Real-world examples of entity setup failures—and how to avoid them
When and why to separate a business for future sale or exit
How branding and regulatory requirements impact your entity strategy
The correct way to manage finances, payroll, and operations across entities
A practical framework for scaling multiple income streams safely and efficiently

Get a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!!

Here’s the link - https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=buzzsprout&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp615-why-one-llc-isnt-enough

Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
Looking to connect with a rock star law firm? KKOS is only a click away!
Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
Craving more content? Check out my Instagram!

#615 Why One LLC Isn’t Enough for Most Entrepreneurs